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DSPA

DS Plattformen NGM:DSPAB B Stock Report

Last Price

kr1.48

Market Cap

kr66.9m

7D

2.3%

1Y

-62.3%

Updated

26 Jun, 2022

Data

Company Financials
DSPAB B fundamental analysis
Snowflake Score
Valuation4/6
Future Growth0/6
Past Performance3/6
Financial Health6/6
Dividends3/6

DSPAB B Stock Overview

DS Plattformen AB provides short-term bridge loans or issue guarantees to smaller listed companies in Sweden.

Rewards

Trading at 76.8% below our estimate of its fair value

Risk Analysis

Does not have a meaningful market cap (SEK67M)

Unstable dividend track record


DS Plattformen Competitors

 

 

 

 

 

 

 

 

 

 

 

 

Price History & Performance

Summary of all time highs, changes and price drops for DS Plattformen
Historical stock prices
Current Share Pricekr1.48
52 Week Highkr0
52 Week Lowkr0
Beta0.38
1 Month Change-2.37%
3 Month Change-26.90%
1 Year Change-62.33%
3 Year Change-21.69%
5 Year Change-74.19%
Change since IPO-59.67%

Recent News & Updates

Shareholder Returns

DSPAB BSE Capital MarketsSE Market
7D2.3%-0.7%-1.3%
1Y-62.3%-32.5%-23.6%

Return vs Industry: DSPAB B underperformed the Swedish Capital Markets industry which returned -32.5% over the past year.

Return vs Market: DSPAB B underperformed the Swedish Market which returned -23.6% over the past year.

Price Volatility

Is DSPAB B's price volatile compared to industry and market?
DSPAB B volatility
DSPAB B Average Weekly Movement8.6%
Capital Markets Industry Average Movement8.1%
Market Average Movement7.4%
10% most volatile stocks in SE Market12.2%
10% least volatile stocks in SE Market4.7%

Stable Share Price: DSPAB B is not significantly more volatile than the rest of Swedish stocks over the past 3 months, typically moving +/- 9% a week.

Volatility Over Time: DSPAB B's weekly volatility (9%) has been stable over the past year.

About the Company

FoundedEmployeesCEOWebsite
2013n/aBo Lindénhttps://www.dividendsweden.se

DS Plattformen AB provides short-term bridge loans or issue guarantees to smaller listed companies in Sweden. It also offers consulting services for the companies that the company invested in. The company was formerly known as Dividend Sweden AB (publ) and changed its name to DS Plattformen AB in March 2022.

DS Plattformen Fundamentals Summary

How do DS Plattformen's earnings and revenue compare to its market cap?
DSPAB B fundamental statistics
Market Capkr66.92m
Earnings (TTM)kr25.56m
Revenue (TTM)kr101.65m

2.6x

P/E Ratio

0.7x

P/S Ratio

Is DSPAB B overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report
DSPAB B income statement (TTM)
Revenuekr101.65m
Cost of Revenuekr81.86m
Gross Profitkr19.79m
Other Expenses-kr5.77m
Earningskr25.56m

Last Reported Earnings

Mar 31, 2022

Next Earnings Date

n/a

Earnings per share (EPS)0.57
Gross Margin19.47%
Net Profit Margin25.14%
Debt/Equity Ratio0.0%

How did DSPAB B perform over the long term?

See historical performance and comparison

Dividends

3.4%

Current Dividend Yield

9%

Payout Ratio
We’ve recently updated our valuation analysis.

Valuation

Is DSPAB B undervalued compared to its fair value, analyst forecasts and its price relative to the market?

Valuation Score

4/6

Valuation Score 4/6

  • Price-To-Earnings vs Peers

  • Price-To-Earnings vs Industry

  • Price-To-Earnings vs Fair Ratio

  • Below Fair Value

  • Significantly Below Fair Value

  • PEG Ratio

Key Valuation Metric

Which metric is best to use when looking at relative valuation for DSPAB B?

Other financial metrics that can be useful for relative valuation.

DSPAB B key valuation metrics and ratios. From Price to Earnings, Price to Sales and Price to Book to Price to Earnings Growth Ratio, Enterprise Value and EBITDA.
Key Statistics
Enterprise Value/Revenue0.6x
Enterprise Value/EBITDAn/a
PEG Ration/a

Price to Earnings Ratio vs Peers

How does DSPAB B's PE Ratio compare to its peers?

DSPAB B PE Ratio vs Peers
The above table shows the PE ratio for DSPAB B vs its peers. Here we also display the market cap and forecasted growth for additional consideration.
CompanyPEEstimated GrowthMarket Cap
Peer Average93.9x

Price-To-Earnings vs Peers: DSPAB B is good value based on its Price-To-Earnings Ratio (2.6x) compared to the peer average (93.9x).

Price to Earnings Ratio vs Industry

How does DSPAB B's PE Ratio compare vs other companies in the Swedish Capital Markets Industry?

Price-To-Earnings vs Industry: DSPAB B is good value based on its Price-To-Earnings Ratio (2.6x) compared to the Swedish Capital Markets industry average (8x)

Price to Earnings Ratio vs Fair Ratio

What is DSPAB B's PE Ratio compared to its Fair PE Ratio? This is the expected PE Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

DSPAB B PE Ratio vs Fair Ratio.
Fair Ratio
Current PE Ratio2.6x
Fair PE Ration/a

Price-To-Earnings vs Fair Ratio: Insufficient data to calculate DSPAB B's Price-To-Earnings Fair Ratio for valuation analysis.

Share Price vs Fair Value

What is the Fair Price of DSPAB B when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

Below Fair Value: DSPAB B (SEK1.48) is trading below our estimate of fair value (SEK6.39)

Significantly Below Fair Value: DSPAB B is trading below fair value by more than 20%.

Price to Earnings Growth Ratio

PEG Ratio: Insufficient data to calculate DSPAB B's PEG Ratio to determine if it is good value.

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Future Growth

How is DS Plattformen forecast to perform in the next 1 to 3 years based on estimates from 0 analysts?

Future Growth Score

0/6

Future Growth Score 0/6

  • Earnings vs Savings Rate

  • Earnings vs Market

  • High Growth Earnings

  • Revenue vs Market

  • High Growth Revenue

  • Future ROE

19.4%

Forecasted Diversified Financials industry annual growth in earnings

In this section we usually present revenue and earnings growth projections based on the consensus estimates of professional analysts to help investors understand the company’s ability to generate profit. But as DS Plattformen has not provided enough past data and has no analyst forecast, its future earnings cannot be reliably calculated by extrapolating past data or using analyst predictions.

This is quite a rare situation as 97% of companies covered by SimplyWall St do have past financial data.

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  • Examine whether DS Plattformen is trading at an attractive price based on how much it is expected to earn in the future, and relative to its industry peers and the wider market.

Past Performance

How has DS Plattformen performed over the past 5 years?

Past Performance Score

3/6

Past Performance Score 3/6

  • Quality Earnings

  • Growing Profit Margin

  • Earnings Trend

  • Accelerating Growth

  • Earnings vs Industry

  • High ROE

52.6%

Historical annual earnings growth

Earnings and Revenue History

Quality Earnings: DSPAB B has high quality earnings.

Growing Profit Margin: DSPAB B's current net profit margins (25.1%) are lower than last year (25.6%).

Past Earnings Growth Analysis

Earnings Trend: DSPAB B's earnings have grown significantly by 52.6% per year over the past 5 years.

Accelerating Growth: DSPAB B's has had negative earnings growth over the past year, so it can't be compared to its 5-year average.

Earnings vs Industry: DSPAB B had negative earnings growth (-25.5%) over the past year, making it difficult to compare to the Capital Markets industry average (48%).

Return on Equity

High ROE: DSPAB B's Return on Equity (40.1%) is considered outstanding.

Discover strong past performing companies

Financial Health

How is DS Plattformen's financial position?

Financial Health Score

6/6

Financial Health Score 6/6

  • Short Term Liabilities

  • Long Term Liabilities

  • Debt Level

  • Reducing Debt

  • Debt Coverage

  • Interest Coverage

Financial Position Analysis

Short Term Liabilities: DSPAB B's short term assets (SEK79.2M) exceed its short term liabilities (SEK15.4M).

Long Term Liabilities: DSPAB B has no long term liabilities.

Debt to Equity History and Analysis

Debt Level: DSPAB B is debt free.

Reducing Debt: DSPAB B has no debt compared to 5 years ago when its debt to equity ratio was 4.6%.

Debt Coverage: DSPAB B has no debt, therefore it does not need to be covered by operating cash flow.

Interest Coverage: DSPAB B has no debt, therefore coverage of interest payments is not a concern.

Balance Sheet

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Dividend

What is DS Plattformen current dividend yield, its reliability and sustainability?

Dividend Score

2/6

Dividend Score 2/6

  • Notable Dividend

  • High Dividend

  • Stable Dividend

  • Growing Dividend

  • Earnings Coverage

  • Future Dividend Coverage

3.37%

Current Dividend Yield

Dividend Yield vs Market

Notable Dividend: DSPAB B's dividend (3.37%) is higher than the bottom 25% of dividend payers in the Swedish market (1.67%).

High Dividend: DSPAB B's dividend (3.37%) is low compared to the top 25% of dividend payers in the Swedish market (5.41%).

Stability and Growth of Payments

Stable Dividend: DSPAB B has been paying a dividend for less than 10 years and during this time payments have been volatile.

Growing Dividend: DSPAB B has only been paying a dividend for 5 years, and since then payments have fallen.

Earnings Payout to Shareholders

Earnings Coverage: With its low payout ratio (8.8%), DSPAB B's dividend payments are thoroughly covered by earnings.

Cash Payout to Shareholders

Cash Flow Coverage: With its low cash payout ratio (4.3%), DSPAB B's dividend payments are thoroughly covered by cash flows.

Discover strong dividend paying companies

Management

How experienced are the management team and are they aligned to shareholders interests?

CEO

Bo Lindén (61 yo)

no data

Tenure

Mr. Bo Lindén serves as Chief Executive Officer and Director of Dividend Sweden AB (publ). Mr. Lindén serves as the Chief Executive Officer of Capensor Capital AB. He serves as a Senior Partner of Stockhol...

Ownership

Who are the major shareholders and have insiders been buying or selling?

Insider Trading Volume

Insider Buying: Insufficient data to determine if insiders have bought more shares than they have sold in the past 3 months.

Recent Insider Transactions

Ownership Breakdown

Dilution of Shares: Shareholders have not been meaningfully diluted in the past year.

Top Shareholders

Company Information

DS Plattformen AB's employee growth, exchange listings and data sources

Key Information

  • Name: DS Plattformen AB
  • Ticker: DSPAB B
  • Exchange: NGM
  • Founded: 2013
  • Industry: Asset Management and Custody Banks
  • Sector: Diversified Financials
  • Implied Market Cap: kr66.916m
  • Shares outstanding: 45.09m
  • Website: https://www.dividendsweden.se

Location

  • DS Plattformen AB
  • Kungsgatan 29
  • Stockholm
  • Stockholm County
  • 111 56
  • Sweden

Listings

Company Analysis and Financial Data Status

All financial data provided by Standard & Poor's Capital IQ.
DataLast Updated (UTC time)
Company Analysis2022/06/26 00:00
End of Day Share Price2022/06/23 00:00
Earnings2022/03/31
Annual Earnings2021/12/31


Unless specified all financial data is based on a yearly period but updated quarterly. This is known as Trailing Twelve Month (TTM) or Last Twelve Month (LTM) Data. Learn more here.